Keurig Dr Pepper Inc (NASDAQ:KDP) shares traded -0.03% lower at $32.66 on Wall Street last session.
KDP stock price is now -3.29% away from the 50-day moving average and 2.85% away from the 200-day moving average. The market capitalization of the company currently stands at $44.27B.
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With the price target of $36, Exane BNP Paribas recently initiated with Neutral rating for Keurig Dr Pepper Inc (NASDAQ: KDP). On June 17, 2024, Truist Upgraded its previous ‘Sell’ rating to ‘Hold’ on the stock increasing its target price from $27 to quote $34, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Archambault Matthew Andrew, President, US Refreshment Bev. sold 8,000 shares of the company’s stock on May 23 ’24. The stock was sold for $273,520 at an average price of $34.19. Upon completion of the transaction, the President, US Refreshment Bev. now directly owns 12,565 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 30 ’24, Senior VP & Controller Stephens Angela A. sold 25,000 shares of the business’s stock. A total of $840,250 was realized by selling the stock at an average price of $33.61. This leaves the insider owning 76,081 shares of the company worth $2.48 million. A total of 22.19% of the company’s stock is owned by insiders.
During the past 12 months, Keurig Dr Pepper Inc has had a low of $27.66 and a high of $35.00. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 0.51, and a quick ratio of 0.32. According to the stock market information, the enterprise value for the company is $60706054144, which is based on a 21.11 price-to-earnings ratio, a 3.01 price-to-earnings-growth ratio, and a beta of 0.61. The fifty day moving average price for KDP is $33.7524 and a two-hundred day moving average price translates $31.76035 for the stock.
The latest earnings results from Keurig Dr Pepper Inc (NASDAQ: KDP) was released for 2024-03-31. The net profit margin was 14.52% and return on equity was 8.71% for KDP. The company reported revenue of $3.47 billion for the quarter, compared to $3.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.43 percent.
